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Fair Market Value Sherman homes for sale
Fair Market Value Sherman homes for sale What is the best price for a piece of Sherman Homes for sale real estate ? Fair Market Value Sherman homes for sale ,Mortgage lenders, appraisers, and real estate brokers use what is called the “fair market value” (FMV). FMV has been defined as “the price that a buyer Sherman Homes for sale is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the property and neither is under any time pressure to buy or sell”. Sounds great, but how is this price determined? Fair Market Value Sherman homes for sale The starting point for determining a fair price for a Sherman Home for sale may be an opinion of the value or “comparative market analysis”. Such an analysis uses information on similar Sherman Home for sale properties which are: 1) currently for sale, 2) already sold, 3) expired properties (those which did not sell). Local, national and international trends and market conditions must also be evaluated. Fair Market Value Sherman homes for sale By comparing similar Sherman Homes for sale properties in each of the three categories and the market conditions, appraisers, lenders and agents come very close to the maximum ... more
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